Market Talk
Things change fast with roving, changing, adapting policy. I'll leave it to the reader to each make what they will out of it. One day tariffs are on and the next day off or forestalled. The budget gets through one house, but the senate has other views on that government debt. Consumer confidence is up one day and down in the doldrums the next. Anxiety is the fuel that fires desperation. Put the worries aside and be happy like the song with the whistler says. One thing we should not be surprised on is a continued choppy market. Let's talk - Stock Talk...
Stock Talk
The long awaited Nvidia report came in last night. It was a fairly well earnings report. But there was a warning about the follow on report due to the China issues. As we all know, views change fast on various stocks in the markets. It's possible the market is shifting out of smaller cap stocks for a while. We have enjoyed some nice gains here if some of the stocks watched have been played fortuitously in a - some here, some there approach, taking some gain along the way.
Lam Research Corporation (LRCX): has enjoyed a nice ride from the 60' to the 80's since starting a watch here. This is one stock that could pay off holding some as a buy "some' on dips. Even if it takes a while for new foundries to be built in America, Lam still gets nice income from service contracts and upgrades on the tools needed to keep on putting out the volume of high-powered chips needed in a growing world of AI and automation. Bullish on holding some LRCX, maybe buying some on dips. But don't go crazy on the stock in the 80's even if the 90's look closer to the 70's. Sometimes getting too greedy makes one lose the conviction in the long view. If you have some shares at a nice gain, well - maybe holding some could see the 90's but it may take some time. Bottom line, be cool.
Kinross Gold Corporation (KGC): reported earnings of $0.30 eps in the recent quarter and beat the expected by whopping amount. A range of $0.16 to $0.22 was estimated by various analysts. With the gold surge to over the $3k resistance. As long as gold stays in the $3100 to $3300 range, KGC seems to be a good hold some. Previous cautious optimism on share price has moved to a more bullish view on some KGC. Particularly since the company reinstituted a share buyback program and paid off debt.
Kratos Defense & Security Solutions (KTOS): Remaining bullish on some holding shares - but trading some after the great run from the teens or 20's may be smart. The insider sales are still concerning. KTOS could be an even better buy in the lower 30's or even the 20's again if the government does not step up with the orders and just uses KTOS as a science experiment on drone experiments and limited secret testing. Holding some, but trading some in the higher 30's would feel better if it does trade off to lower values while we wait for the fruits of efforts to blossom further into higher sales and earnings.
Ramaco Resources (METC and METCB): Bullish on some. High quality steel in America requires metallurgical coal. Also, the rare earth reserves reported in their Brook Mine have attracted market attention. some METC and METCB is a smart set of stocks to watch. It may take some patience for the Brook Mine report to come to fruition, but the market could get the flick sooner with visibility that a new high- level member brings on the Board of Directors, former U.S. Senator Joseph Manchin.
Altria Group (MO): remain bullish on holding "some "MO shares. Still a great dividend rate and the guidance was positive. The new pouches are trending due to a relatively safer and more pleasant smokeless and flavorable way for users to get nicotine with less risk and concealed use with no need for inhaling or chewing and no need to spit. If MO backs off some in share price it may be a good chance to buy some to get an even better interest rate point.
D-Wave Quantum Inc (QBTS): For the near term, it seems Nvidia and classical systems take the stage in the eyes of the market traders and investors. The more speculative quantum sector may take a backstage as traders and hedge funds take profits. It may be safer to step aside on the Quantum sector for a while to see how it plays out.
We saw some insider selling taper off the bullish feeling and it seems the market is taking insider's lead. Be careful. The key words here - are maybe "some" and not "too much" and maybe none at all to lock in a gain or cut a loss. Also, there is news release on "proxies" being prepared. That may be a red flag on further dilution and is a sell signal to many traders.
ASP Isotopes (ASPI): just a watching stock or maybe a small some stock with a cautious optimism but aware it's a relatively new issue on the scene. A loan from Bill Gates involved TerraPower LLC for ASPI producing enriched uranium for their Small Modular Reactor (SMR) is in the news. Also, a helium company is a target for acquisition by ASPI. This indicates a very real agenda for being a driver in cutting edge technology in several areas of major significance and need of the future. ASPI is back on the watch list. Possibly a "some stock" but it had a good run recently so watch it for dips. stay tuned..
Finally - maintain some dry powder and trade or invest according to your own due diligence.
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More later so ....Stay tuned, if you dare !
For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time. But trying to look ahead a few months into the future may be a way to do things. If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor. In all - we use the word maybe "some", not "too much" and play it accordingly. Remember, never get arrogant in our various notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.
With all the above caveats and attempted prognostications, I will close this post. Stay tuned for more opining on the market and stocks to watch.
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ALL in my humble opinion, scroll down and read more.This site does NOT make Buy / Sell recommendations.
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